Senator Rubio unveils proposal to reform retirement policy

[mpholland]

As I mentioned before, i think the 401K is one of the worst investment options out there. The only thing that makes it worth having is if an employer matches funds, and if they do, I wouldn't contribute any more than what it takes to get the most out of their match. There are just too many better options out there to contribute any more.

[BlueStreak]

Originally Posted by mpholland

As I mentioned before, i think the 401K is one of the worst investment options out there. The only thing that makes it worth having is if an employer matches funds, and if they do, I wouldn't contribute any more than what it takes to get the most out of their match. There are just too many better options out there to contribute any more.

Right. I am fortunate enough to have two, that are pretty good. But, I've seen some that are hardly worth the bother. And, anyone that is barely making enough money (or not) to get by, now, really is wasting their time with a 401k. They simply can't put enough in to accrue any useful retirement funds.

Dave